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Astron Paper & Board Mill (BOM:540824) PB Ratio : 0.63 (As of May. 26, 2024)


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What is Astron Paper & Board Mill PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-26), Astron Paper & Board Mill's share price is ₹21.00. Astron Paper & Board Mill's Book Value per Share for the quarter that ended in Dec. 2023 was ₹33.48. Hence, Astron Paper & Board Mill's PB Ratio of today is 0.63.

Good Sign:

Astron Paper & Board Mill Ltd stock PB Ratio (=0.63) is close to 10-year low of 0.6

The historical rank and industry rank for Astron Paper & Board Mill's PB Ratio or its related term are showing as below:

BOM:540824' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.23   Max: 5.06
Current: 0.63

During the past 11 years, Astron Paper & Board Mill's highest PB Ratio was 5.06. The lowest was 0.60. And the median was 1.23.

BOM:540824's PB Ratio is ranked better than
67.49% of 283 companies
in the Forest Products industry
Industry Median: 0.97 vs BOM:540824: 0.63

During the past 12 months, Astron Paper & Board Mill's average Book Value Per Share Growth Rate was -6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 28.60% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Astron Paper & Board Mill was 62.70% per year. The lowest was -1.30% per year. And the median was 20.05% per year.

Back to Basics: PB Ratio


Astron Paper & Board Mill PB Ratio Historical Data

The historical data trend for Astron Paper & Board Mill's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Astron Paper & Board Mill PB Ratio Chart

Astron Paper & Board Mill Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.13 0.75 1.09 1.08 0.60

Astron Paper & Board Mill Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.60 - 1.05 -

Competitive Comparison of Astron Paper & Board Mill's PB Ratio

For the Paper & Paper Products subindustry, Astron Paper & Board Mill's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Astron Paper & Board Mill's PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Astron Paper & Board Mill's PB Ratio distribution charts can be found below:

* The bar in red indicates where Astron Paper & Board Mill's PB Ratio falls into.



Astron Paper & Board Mill PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Astron Paper & Board Mill's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=21.00/33.477
=0.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Astron Paper & Board Mill  (BOM:540824) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Astron Paper & Board Mill PB Ratio Related Terms

Thank you for viewing the detailed overview of Astron Paper & Board Mill's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Astron Paper & Board Mill (BOM:540824) Business Description

Traded in Other Exchanges
Address
S G Highway, Ganesh Meridian, D-702, 7th Floor, Opposite High Court, Ahmedabad, GJ, IND, 380060
Astron Paper & Board Mill Ltd is engaged in recycled corrugated paper manufacturing in India. The company mainly caters packaging industry and has developed a loyal clientele network. the product portfolio includes varied products like VTL, High RCT, Kraft Liner, Test Liner to Corrugated Medium Paper, ranging mainly from 80 GSM to 350 GSM and 16-40 BF. The dominant source of income of t e company is from the sale of kraft paper.

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